East Hanover, NJ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)New Jersey State Firemens Association - East Hanover Twp, founded in 1950, is a small nonprofit that reported $102K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $93K left a modest 10% surplus.
The primary exempt purpose of the East Hanover Twp Firemen's Relief Association is to provide financial relief to active and retired members of the East Hanover Twp Fire Department. The relief is provided to those members and their families who file an application for such assistance and demonstrate the need for relief. The money from the organization is derived from the New Jersey State Firemen's Association, which in turn receives funds from a levy on all fire insurance premiums written by insurance companies chartered outside the State of New Jersey.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $102,489 | $84,629 | +0.2% |
| Expenses | $92,689 | $50,062 | +0.9% |
| Net Income | $9,800 | $34,567 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Giuseppe Peluso | Secretary | 0.00 |
Officer
|
$5,292 | $0 | $5,292 |
| Joseph B Patanella | Treasurer | 0.00 |
Officer
|
$5,292 | $0 | $5,292 |
| Steven Raibick | President | 0.00 |
Officer
|
$3,528 | $0 | $3,528 |
| Bohdon R Woch | Trustee | 0.00 |
Director
|
$120 | $0 | $120 |
| Anthony G Tavaglione | Trustee | 0.00 |
Director
|
$100 | $0 | $100 |
| Mark E Dwyer | Trustee | 0.00 |
Director
|
$60 | $0 | $60 |
| James C Cavezza | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Carmine A Guarino | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Steven Guarino | Vice President | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $102,489 | $92,689 | $699,505 | $9,800 |
| 2023 | $84,629 | $50,062 | $689,705 | $34,567 |
| 2022 | $123,383 | $74,560 | $655,138 | $48,823 |
| 2021 | $54,801 | $42,980 | $606,315 | $11,821 |
| 2020 | $57,206 | $33,180 | $594,494 | $24,026 |
| 2019 | $58,659 | $44,529 | $570,468 | $14,130 |
| 2018 | $47,019 | $39,608 | $556,338 | $7,411 |
Compare New Jersey State Firemens Association - East Hanover Twp with other nonprofits in New Jersey and across the country.